Equinor's Q2 Performance Falls Short, UBS Advises Sell

Tuesday, 9 July 2024, 18:57

Equinor's Q2 earnings outlook has been revised downward by UBS due to trading indicators below expectations. UBS maintains a Sell recommendation and has cut the Q2 net income forecast by 4%. Investors should take note of these latest developments.
Seeking Alpha
Equinor's Q2 Performance Falls Short, UBS Advises Sell

Equinor Q2 Earnings Revision

Equinor's second-quarter earnings forecast was recently revised by UBS following lower than expected trading indicators, resulting in a 4% decrease in the net income projection. The company's performance in Q2 is not meeting anticipated levels, prompting UBS to maintain their Sell recommendation.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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